| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171.9K | $18.1K | $27.2K | 847.1% | 532.5% |
| Op. Income | -$2M | -$2M | -$3M | -2.9% | 16.1% |
| Gross Margin | -334.3% | -2405.7% | 72.4% | 2071.5pp | -406.7pp |
| Net Margin | -1382.6% | -12542.3% | -10424.5% | 11159.8pp | 9041.9pp |
| EPS (Diluted) | $-0.13 | $-0.13 | $-0.29 | 0.0% | 55.2% |
| Free Cash Flow | -$1M | -$1M | -$1M | 21.7% | 0.2% |
| Item | Amount |
|---|---|
| REVENUE | $171.9K |
| Cost of Revenue | $746.5K |
| GROSS PROFIT | -$574.6K |
| R&D Expenses | $224.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $159 |
| Interest Expense | $0 |
| Other Income/Expenses | $36.6K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $6.2K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $6.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $820.3K |
| Change in Working Capital | $402.1K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $689.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $523.5K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $64.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $654.8K |
| Short-Term Investments | $3M |
| Net Receivables | $81.6K |
| Inventory | $131.5K |
| Other Current Assets | $363.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $336.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $336.0K |
| TOTAL ASSETS | $5M |
| Account Payables | $244.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $154.8K |
| TOTAL CURRENT LIABILITIES | $887.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $887.3K |
| Common Stock | $19.2K |
| Additional Paid-In Capital | $97M |
| Retained Earnings | -$93M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $406 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $0 |
| Net Debt | -$654.8K |
